Impulse growth is expected | 27 Juli 2015
27 Juli 2015, GBP/USD
As Euro in current situation, the Pound shall be preferred to its rival currency.
This is due to the fact that development of a correctional wave 2 of an upward momentum shaped as a plain Zigzag, has supposedly finished its formation.
So, if this assumption is true, in the near future we shall expect a strong growth impulse within the frames of development of wave 3 of [iii].
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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
